Suzano Petroquimica Announces 39% Net Income Growth - 500 Beiträge pro Seite

[Plotin]

Suzano Petroquimica Announces 39% Net Income Growth, Reaching R$ 27 Million

Suzano Petroquimica Announces 39% Net Income Growth, Reaching R$ 27 Million

SAO PAULO, Brazil, May 11 /PRNewswire-FirstCall/ -- Suzano Petroquimica S.A. (BOVESPA: SZPQ4) (LATIBEX: XSUPT), one of the largest strategic investors in the Brazilian petrochemical sector and a joint controlling shareholder of Rio Polimeros S.A., Polibrasil Resinas S.A., Petroflex Industria e Comercio S.A. and Politeno Industria e Comercio S.A., announced today its first quarter 2005 (1Q05) results.

Highlights of Consolidated Results:

* Consolidated Net Revenue reached R$ 400.3 million in the quarter, 29% higher than 1Q04.

* Consolidated Net Income in 1Q05 was R$ 27.0 million, 39.4% above the same period in 2004.

* Consolidated EBITDA in 1Q05 reached R$ 54.2 million, a 20.4% increase versus 1Q04.

* Petroflex achieved a record Ebitda margin of 22.3%.

Conference Call: May 12, 2005

+++++++++++++++++++++++++++++++++++++

Wer kennt den Titel?

[Plotin]

http://www.suzanopetroquimica.com.br/

[Plotin]

Brazil Suzano buys out Basell unit for $253.8 mln
Tue Jul 26, 2005 10:31 AM ET
SAO PAULO, Brazil, July 26 (Reuters) - Suzano Petroquimica (SZPQ4.SA: Quote, Profile, Research) on Tuesday said it would pay $253.8 million to buy out Basell Brasil Poliolefinas Ltda, a holding company for a maker of high-quality plastics and resins.

As a result, Suzano, which has been trying to consolidate Brazil`s petrochemical sector, will boost its stake in Basell`s Polibrasil unit to 98.1 percent from about 50 percent.

Suzano shares were nearly 1 percent higher at 4.15 reais in morning trade on the Sao Paulo Stock Exchange.

+++++++++++++++++++++++++++++++++++++++++++++++++++++
1 brl = 0,34 euro